| Product Code: ETC10277350 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continues to rely on imports for its solar district heating systems, with top exporting countries including Greece, China, Lebanon, Trinidad and Tobago, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 33.1% from 2020 to 2024 demonstrates strong expansion in the sector. Moreover, the growth rate of 46.58% from 2023 to 2024 highlights the accelerating pace of development in Grenada`s solar district heating import market. This data suggests a promising outlook for the industry in the coming years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Grenada Solar District Heating Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Solar District Heating Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Solar District Heating Market - Industry Life Cycle |
3.4 Grenada Solar District Heating Market - Porter's Five Forces |
3.5 Grenada Solar District Heating Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Solar District Heating Market Revenues & Volume Share, By Collector Technology, 2021 & 2031F |
3.7 Grenada Solar District Heating Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Solar District Heating Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Solar District Heating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and incentives for renewable energy projects in Grenada |
4.2.2 Growing awareness and adoption of environmentally friendly energy solutions |
4.2.3 Rising energy costs and the need for more cost-effective heating solutions |
4.3 Market Restraints |
4.3.1 High initial installation costs of solar district heating systems |
4.3.2 Limited technical expertise and skilled labor for designing and implementing such systems in Grenada |
4.3.3 Intermittent nature of solar energy generation affecting consistent heating supply |
5 Grenada Solar District Heating Market Trends |
6 Grenada Solar District Heating Market, By Types |
6.1 Grenada Solar District Heating Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Solar District Heating Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Solar District Heating Market Revenues & Volume, By Small Scale District Heating, 2021 - 2031F |
6.1.4 Grenada Solar District Heating Market Revenues & Volume, By Large Scale District Heating, 2021 - 2031F |
6.1.5 Grenada Solar District Heating Market Revenues & Volume, By Hybrid Solar District Heating, 2021 - 2031F |
6.1.6 Grenada Solar District Heating Market Revenues & Volume, By Seasonal Storage Systems, 2021 - 2031F |
6.2 Grenada Solar District Heating Market, By Collector Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Solar District Heating Market Revenues & Volume, By Flat Plate Collectors, 2021 - 2031F |
6.2.3 Grenada Solar District Heating Market Revenues & Volume, By Evacuated Tube Collectors, 2021 - 2031F |
6.2.4 Grenada Solar District Heating Market Revenues & Volume, By Parabolic Trough Collectors, 2021 - 2031F |
6.2.5 Grenada Solar District Heating Market Revenues & Volume, By Thermal Storage, 2021 - 2031F |
6.3 Grenada Solar District Heating Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Solar District Heating Market Revenues & Volume, By Residential Heating, 2021 - 2031F |
6.3.3 Grenada Solar District Heating Market Revenues & Volume, By Commercial Buildings, 2021 - 2031F |
6.3.4 Grenada Solar District Heating Market Revenues & Volume, By Industrial Process Heating, 2021 - 2031F |
6.3.5 Grenada Solar District Heating Market Revenues & Volume, By Grid Integration, 2021 - 2031F |
6.4 Grenada Solar District Heating Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Solar District Heating Market Revenues & Volume, By Residential, 2021 - 2031F |
6.4.3 Grenada Solar District Heating Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.4.4 Grenada Solar District Heating Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4.5 Grenada Solar District Heating Market Revenues & Volume, By Utility, 2021 - 2031F |
7 Grenada Solar District Heating Market Import-Export Trade Statistics |
7.1 Grenada Solar District Heating Market Export to Major Countries |
7.2 Grenada Solar District Heating Market Imports from Major Countries |
8 Grenada Solar District Heating Market Key Performance Indicators |
8.1 Average annual percentage increase in solar panel efficiency |
8.2 Number of solar district heating projects initiated or completed in Grenada |
8.3 Percentage of energy consumption from solar district heating compared to traditional heating sources |
9 Grenada Solar District Heating Market - Opportunity Assessment |
9.1 Grenada Solar District Heating Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Solar District Heating Market Opportunity Assessment, By Collector Technology, 2021 & 2031F |
9.3 Grenada Solar District Heating Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Solar District Heating Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Solar District Heating Market - Competitive Landscape |
10.1 Grenada Solar District Heating Market Revenue Share, By Companies, 2024 |
10.2 Grenada Solar District Heating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |